According to people familiar with the transaction, investor Bill Hwang caused a storm in the stock market last week when his firm, Archegos Capital Management, and its banks began reducing their holdings in blue-chip companies, according to people familiar with the transaction. The sale has sent shifts to individual stocks …
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The size of the text Charging point on a Volkswagen electric om tomobile. Lisa Johansson-Kopitz / Bloomberg Volkswagen Wants to be a leader in electric vehicles around the world. Playing Tesla with Pepsi is not that satisfying Coca Cola. The German automaker had arranged an update of EV ambitions in …
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The head of the Jeep owner said he was ready to drop Cherokee’s name from the vehicles after recent criticism of the Native American tribal leader. Carlos Tavares, Chief Executive Officer of the recently formed Stalantis STLA -2.71% NV, said the company is engaged in talks with the Cherokee nation …
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Gamestop Corp. Strong price action in such stocks has led to many retail brokerages in the last few days to impose restrictions on trading activity. But there are still many ways that investors can get in touch with Gamestop GME, -26.04% And other companies such as AMC Entertainment Holdings, AMC, …
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TOKYO – Japan plans to halt sales of new gasoline-powered cars in the mid-2030s, criticized by Toyota Motor. Corp Fast shifts to major or electric vehicles could cripple the car industry. The plan, released on Friday, had similar steps taken by the state of California and major European countries, but …
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